NOT LISTED FOR SALE

488 S 12th St Unit 1 Newark, NJ 07103

West Side Neighborhood

Estimated Value: $509,589 - $616,000

3 Beds
1 Bath
2,284 Sq Ft
$248/Sq Ft Est. Value

About This Home

Newly renovated 3 bedroom apartment available for rent near public transportation Newark. Beautiful wood cabinets, lots of closet space and natural light. The 1 NJT bus stop is one block away, 15 minutes to Downtown Newark Penn Station. Great for commuting to the city. Be the first to make this new space your own.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
Feb 25, 2021
Sold by
Villa Estates Llc
Bought by
Velasquez Connie
Seller's Agent
Shana-Kay Medley
Realty Executives Exceptional Realtors-Fairfield
Buyer's Agent
Viviana Salcedo
Realty One Group Legend, Clifton
Sold Price
$1,600
Current Estimated Value
$566,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$565,297
Original Mortgage
$332,870
Interest Rate
3.05%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 8, 2019
Sold by
Kanu Fatima
Bought by
Villa Estates Llc

Purchase Details

Closed on
Sep 16, 2011
Sold by
Aj Management Solution Llc
Bought by
Kanu Fatima

Purchase Details

Closed on
Oct 15, 2009
Sold by
Fannie Mae
Bought by
Aj Management Solutions Llc

Purchase Details

Closed on
Jul 20, 2009
Sold by
Alves Lemos Alves Gilberto
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 31, 2007
Sold by
Dejesus Carlos
Bought by
Lemos Alves Gilberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,900
Interest Rate
6.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 7, 2005
Sold by
Barros Bina
Bought by
Dejesus Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2003
Sold by
Henderson Sebert
Bought by
Hagan John and Hagan Carmela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,050
Interest Rate
6.01%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Velasquez Connie $339,011 Main Street Title
Villa Estates Llc $90,000 Hometown Title
Kanu Fatima $25,000 None Available
Aj Management Solutions Llc $25,000 Multiple
Federal National Mortgage Association -- None Available
Lemos Alves Gilberto $370,000 Optimus Title Services Of Ne
Dejesus Carlos $310,000 --
Hagan John $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Velasquez Connie $332,870
Previous Owner Lemos Alves Gilberto $358,900
Previous Owner Dejesus Carlos $248,000
Previous Owner Dejesus Carlos $62,000
Previous Owner Barros Bina $36,975
Previous Owner Barros Bina $197,200
Previous Owner Hagan John $11,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2021 04/22/21 Rented $1,600 0.0% --
04/04/2021 04/04/21 Price Changed $1,600 -5.9% --
03/09/2021 03/09/21 For Rent $1,700 -- --

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,637 $258,500 $30,500 $228,000
2022 $9,658 $258,500 $30,500 $228,000
2021 $1,251 $33,500 $30,500 $3,000
2020 $1,273 $33,500 $30,500 $3,000
2019 $1,260 $33,500 $30,500 $3,000
2018 $1,237 $33,500 $30,500 $3,000
2017 $1,193 $33,500 $30,500 $3,000
2016 $1,152 $33,500 $30,500 $3,000
2015 $1,109 $33,500 $30,500 $3,000
2014 $1,039 $33,500 $30,500 $3,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Shana-Kay Medley

    Realty Executives

    (347) 285-2607

    Section Image
  • Viviana Salcedo

    Buyer's Agent in 2021

    Viviana Salcedo

    Realty One Group Legend, Clifton

    (201) 993-3488

    6 Total Sales

    Viviana Salcedo
    Section Image
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Map

New Jersey Essex County Newark 07103 West Side

488 S 12th St Unit 1, Newark, NJ

This home is located at 488 S 12th St Unit 1, Newark, NJ 07103 and is currently estimated at $566,897, approximately $248 per square foot. 488 S 12th St Unit 1 is a home located in Essex County with nearby schools including Harriet Tubman School, Camden Street Elementary School, and Cleveland Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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